Starwood Property Trust (LTS:0L9F) Scaled Net Operating Assets: 0.32 (As of Mar. 2026)


LTS:0L9F Starwood Property Trust Inc LTS:0L9F
55 GF Score
Price $16.36
GF Value $13.94
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Starwood Property Trust Scaled Net Operating Assets?

Starwood Property Trust LTS:0L9F 55 Scaled Net Operating Assets is 0.32 as of Mar. 2026. GuruFocus rates LTS:0L9F with a GF Score™ of 55/100 and a GF Value™ of $13.94 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Starwood Property Trust's operating assets for the quarter that ended in Mar. 2026 was $61,710.3 Mil. Starwood Property Trust's operating liabilities for the quarter that ended in Mar. 2026 was $41,659.7 Mil. Starwood Property Trust's Total Assets for the quarter that ended in Dec. 2025 was $63,183.4 Mil. Therefore, Starwood Property Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.32.

LTS:0L9F
55GF Score
Starwood Property Trust Inc LTS:0L9F
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Starwood Property Trust Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Starwood Property Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(62683.877-42489.706)/62556.497
=0.32

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=63183.357 - 499.48
=62683.877

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55693.851 - 12206.53 - 997.615
=42489.706

Starwood Property Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(61710.326-41659.735)/63183.357
=0.32

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=62087.328 - 377.002
=61710.326

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=54738.601 - 12099.425 - 979.441
=41659.735

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.32 mean?
Starwood Property Trust (LTS:0L9F) has a Scaled Net Operating Assets of 0.32 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Starwood Property Trust and its competitors.
Is Starwood Property Trust's Scaled Net Operating Assets too high?
Starwood Property Trust's current Scaled Net Operating Assets is 0.32. Overall, Starwood Property Trust has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Starwood Property Trust's Scaled Net Operating Assets compare to RITM and BXMT?
Starwood Property Trust's Scaled Net Operating Assets of 0.32 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a REITs company?
A good Scaled Net Operating Assets depends on the REITs industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Starwood Property Trust and its competitors. Starwood Property Trust's current Scaled Net Operating Assets is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starwood Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Starwood Property Trust (LTS:0L9F) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.94, compared to a current price of $16.36 — trading 17.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.32. Starwood Property Trust's overall GF Score™ is 55/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Starwood Property Trust (LTS:0L9F), the current Scaled Net Operating Assets is 0.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Starwood Property Trust (LTS:0L9F) Overvalued in 2026?

Based on GuruFocus' analysis, Starwood Property Trust stock appears to be overvalued. The current stock price of $16.36 is trading 17.4% above its estimated GF Value™ of $13.94. GuruFocus considers Starwood Property Trust to be Modestly Overvalued.

Key valuation signals for LTS:0L9F:

  • Scaled Net Operating Assets: 0.32
  • GF Value™: $13.94 vs. price of $16.36 (17.4% above fair value)
  • GF Score™: 55/100 with 4 warning signs

No single metric tells the full story. See the LTS:0L9F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Starwood Property Trust Business Description

Industry Real EstateREITs
Address 2340 Collins Avenue, Suite 700, Miami Beach, FL, USA, 33139
Starwood Property Trust Inc is a real estate investment trust principally engaged in originating, acquiring, and managing commercial mortgage loans, commercial mortgage-backed securities, and other real estate investments in the U.S., Australia, and Europe. The company has four reportable business segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing. The majority of its revenue is generated from the Commercial and Residential Lending segment, which engages mainly in originating, acquiring, financing, and managing commercial first mortgages, non-agency residential mortgages (residential loans), commercial mortgage-backed securities (CMBS), residential mortgage-backed securities (RMBS), and other real estate and related debt investments.
55GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.36
Price
$13.94
GF Value